Word: stockely
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...been making headlines. No, not the rock band or the cold remedy but the Chicago Board Options Exchange (CBOE) Volatility Index, or VIX, which has been on a wild ride over the past year. The stock market crash set this indicator of volatility soaring to above 80 - for perspective, the VIX has historically averaged around...
...staying in the stock market now a mistake? I'm sure some people will make a lot of money at a time like this, but you have to be very well informed as well as in a position to take risks...
Buoyed by a run of good news in the stock market, I recently decided to check the balance in my son's 529 college savings account for the first time in many months. To my dismay, the account was still down some 40% from a year ago, far below the amount my husband and I had originally invested. Given the extent of the losses, I couldn't help but wonder: would it make sense to just ditch this thing? (Read "Investing in a 529 College Savings Plan...
...Thailand has an increasingly vocal antialcohol movement. Last November Thai Beverage PLC, the country's largest producer of alcoholic drinks, indefinitely postponed its stock listing after Buddhist monks led a blockade of the Stock Exchange of Thailand building in Bangkok. Thais in favor of prohibition also cheered the passing of an alcohol-control act that took effect in February last year. It raised the legal drinking age from 18 to 20, banned alcohol-related advertising, and - at a time when Britain was liberalizing its licensing laws to allow for round-the-clock drinking - restricted the sale of alcohol to only...
...Peterson will offer antiques, coins, jewelry, furniture and cars at the weekly auction he runs in Monroeville, New Jersey. This is all typical fare for the bidding business. But if you're also hankering for ham and paper towels, no need to run to the supermarket. As the stock market headed south last fall, Peterson, owner of Elmer Auction, LLC, added grocery items like cereals and cleaning supplies to his ledger. And they've sold, to the cash-strapped ladies and gentlemen sitting in each and every row. "People are skipping the decorative items," says Peterson, "and buying what they...